Why do I receive a contract note whenever I trade/invest?
A Contract Note is an official trade confirmation sent by FYERS every time you execute a trade or investment. It provides a legally recognized summary of all executed transactions and serves as a key document for record-keeping, verification, and compliance.
Why is a Contract Note important?
The Contract Note ensures transparency and protects your interests by documenting the details of every executed order. It’s issued as per regulatory guidelines and includes the following:
Key purposes:
- Proof of Trade: Lists all trades done during the day, with security name, quantity, price, and time.
- Charges Breakdown: Shows detailed fees including brokerage, STT/CTT, GST, SEBI charges, and stamp duty.
- Legal Agreement: Serves as a formal and binding confirmation of your trade between you and FYERS.
- Regulatory Requirement: Mandated by SEBI and exchanges to promote fairness and transparency in trading.
What details are included?
- Order and trade time stamps
- Exchange and scrip codes
- Buy/Sell indicator
- Quantity and execution price
- Net amount payable or receivable
- Brokerage and statutory charges
What If...
| Scenario | Explanation |
|---|
| I don’t receive a Contract Note | Check your registered email or spam folder. |
| I find errors in my Contract Note | Contact FYERS Support immediately for clarification and resolution. |
| I want it for my tax records | Contract Notes are valid legal proof for income tax and capital gains reporting. |
Review your Contract Notes regularly. They help you track your trades, verify charges, and maintain compliance for tax filing and auditing purposes.
Last updated: 28 Jun 2025
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